The Las Orquideas group is made up of 11 hardworking members who each work in different areas of business.

Rosana is 37 years old, married, and has four children. Many years ago, she started a small shop in her home where she offers necessity items. In her free time, she sells beauty products. This allows her to support her husband with the education and food for their children. Her husband works in construction. She will use this loan to purchase rice, sugar, and drinks. Her dream is to have a bookstore and give her children a good education.

The group is grateful to the Kiva lenders for the loan.

Rosana is the second on the left side, dressed in a black sweater and gray shirt.

Additional Information

About EDAPROSPO

EDAPROSPO seeks to use micro-credit to foster productive commercial activity for the sake of economic and social development within vulnerable urban and rural sectors traditionally neglected by commercial banks. By offering innovative products such as technical education loans and microfinance groups for young people, EDAPROSPO helps disadvantaged Peruvians lift themselves out of poverty.

This is a Group Loan

In a group loan, each member of the group receives an individual loan but is part of a larger group of individuals. The group is there to provide support to the members and to provide a system of peer pressure, but groups may or may not be formally bound by a group guarantee. In cases where there is a group guarantee, members of the group are responsible for paying back the loans of their fellow group members in the case of delinquency or default.

Kiva's Field Partners typically feature one borrower from a group. The loan description, sector, and other attributes for a group loan profile are determined by the featured borrower's loan. The other members of the group are not required to use their loans for the same purpose.